Rhode Island receives $6.8 million from Feds for Revolving Loan Fund
Rhode Island has been allocated $6.8 million from the federal government to capitalize and administer Revolving Loan Funds for businesses impacted by the COVID-19 pandemic, the U.S. Department of Commerce announced Wednesday. The R.I. Commerce Corp. will receive $6 million of the funds and the Providence Business Loan Fund will receive $836,000 of the grants. [...]